• briefing asia infrastructure aug 15, 2006 • briefing asia energy aug 15, 2006

INVESTMENT IN INFRASTRUCTURE
In addition to exporting its products to Africa, China has invested heavily in infrastructure such hydroelectric plants, telecommunications, highways, railways and pipelines. Small development contracts are increasingly becoming part of the overall packages that China negotiates with African countries, analysts say.
China says it has donated billions of dollars in aid to Africa, including providing malaria medication, setting up agricultural training centres and providing medical and technical personnel to help train Africans. Beijing has cancelled some US $10 billion in bilateral debt to Africa. It also granted the African Union peacekeeping mission in Sudan's Darfur region US $3.5 million in budgetary support and humanitarian aid.
Analysts say one reason China is an attractive partner to Africa is because Beijing can move more quickly than sometimes bureaucratic Western nations and aid agencies that demand transparency and respect for political and human rights.
When the IMF held up a loan to Angola over oil revenue that went missing, China came up with a US $2 billion loan. After Western firms pulled out of Sudan over human rights abuses, the Chinese helped build an oil pipeline and other infrastructure. When the United States failed to quickly provide boats to help patrol the Niger Delta against militias, Nigeria turned to China.
MILITARY SUPPORT
When it comes to military deals, China has come under the scrutiny of human rights groups.
Amnesty International said in report in June that China's sales of military vehicles and weapons to Sudan has aggravated the conflict there and abetted violence and repressive rule. The report said a UN investigation in August 2005 showed that China had shipped more than 200 military trucks to Sudan.
Amnesty also said Chinese weapons were traded in exchange for Liberian timber in contravention of the UN arms embargo on Liberia, helping keep Charles Taylor in power before he flew into exile in August 2003. Amnesty also says China has supplied jet fighters and other military equipment to Zimbabwe.
"China's indifference to political controversy is illustrated in its close relationship with Zimbabwe," Princeton Lyman, former ambassador to South Africa and Nigeria, told the US-China Commission in July 2005. "China is the principal supporter of the Mugabe regime, which is reviled in the international community for Mugabe's ruthless crushing of the opposition" among other actions.
But some analysts say Western governments have no right to wag fingers at China for supporting Zimbabwe when they invest in countries such as oil-rich Equatorial Guinea, which rights groups say has an equally repressive regime.
"If you look at the involvement of Western countries during the Cold War and generally multinational companies and their actions - that's not really a squeaky clean track record either," said Bohnstedt. "What differentiates Chinese firms is that China doesn't have such a strong civil society lobby at home. Therefore, it won't create that kind of public pressure that affects reputations or share prices" to force companies or governments to behave more ethically.
Bohnstedt said it remained to be seen whether African governments would develop the technical ability to negotiate complex deals and enforce transparency to ensure that the benefits of Chinese investments are passed on to the broader public.
"In the end it really is the responsibility of individual [African] governments to negotiate with these outside forces," she said. "Everybody will try to get away with as much as possible so it's really quite difficult to blame it on somebody who is offering."
[ This report does not necessarily reflect the views of the United Nations ]
Document AFNWS00020060627e26r000py

www.growthstockanalyst.com , Wellington Research gives SOEN a rating of "Outperform".
1,964 words

27 June 2006

M2 Presswire

MTPW

English

(c) 2006 M2 Communications, Ltd. All Rights Reserved.
Stocks To Watch: Solar EnerTech Corp. (OTCBB: SOEN), LifeStyle Innovations, Inc (OTCBB: LFSIE), Memory Pharmaceuticals Corp (NYSE: MEMY) Xechem International, Inc (OTCBB: XKEM), Med Gen, Inc (OTCBB: MGEN)
FEATURED STOCK: Solar EnerTech Corp.
Ticker Symbol SOEN: Current Price (1.67) http://www.solarenertech.com
Solar EnerTech Corp. Provides Corporate Update on Planned Manufacturing Capabilities, Favorable Analyst Coverage, Silicon Procurement, Leadership Role at Renewable Energy Summit and Recent Appointment to the Board
MENLO PARK, CA - Solar EnerTech Corp. (OTC BB:SOEN.OB - News) (the Company) today provides a corporate update to review its progress establishing manufacturing capabilities, executing a LOI to secure potential silicon supplies, earning favorable analyst coverage, and taking a lead role in the China Renewable Energy Summit and recent appointments. Solar EnerTech is focused on the development and manufacture of quality solar cells, applications and advanced technologies, taking advantage of rapidly increasing demand in the solar power market, which grew 55% last year to $11.2 billion.
Solar EnerTech is making excellent progress toward the rapid start-up of its manufacturing operations. Construction of the Company's new state-of-the-art solar cell manufacturing plant in Shanghai is running ahead of schedule and within budget. The project management team has overseen the installation of the majority of the infrastructural equipment for its first production line and construction of the second line is proceeding on track.
The projected production capacity for Solar EnerTech's facility is estimated at an output of 20 megawatts per production line. At current prices this projection translates into roughly $37.5 million dollars in annual revenue per line. The Company's strategic plan is to have the initial 20 megawatts in production by fourth quarter of this year.
Last week it was announced that independent fee-based research provider Wellington Research has initiated coverage on the company with a price target of $5.17 and a rating of "Outperform." The report asserts: "Solar EnerTech Corp. plans to establish a strong presence in the emerging solar energy market. With its manufacturing facility in China, the Company has been able to capitalize on the availability of low-cost resources. Further, the Company's management team has significant experience in the solar market. By successfully executing its business plans and entering into strategic partnerships along the value-chain, Solar EnerTech may be able to become one of the leading operators in the industry. The Californian market (which the Company is heavily targeting) has a huge potential and is expected to provide the right platform for the Company's growth." Solar EnerTech has executed of a Letter of Intent with PAIS Industries Group whereby PAIS Industries would supply the Company with 1,200 metric tons of solar grade silicon ingots for the next three years. This cooperative arrangement is designed to supply Solar EnerTech with silicon feedstock needed to manufacture its leading edge solar cells and ensure access to affordable materials in spite of industry-wide silicon shortages. It is contingent upon completion of an agreement between PAIS Industries and the government of the Inner Mongolia Autonomous Region for the development and processing of locally mined solar grade silicon.
This week Solar EnerTech attended and co-sponsored the China Renewable Energy Summit at the National Congress Conference Center in Beijing. Company CEO and President Leo. S. Young delivered a keynote speech to the audience of industry insiders, legislators and policy makers. Company management was able to conduct talks and forge ties with a variety of key governmental officials.
In related Management news this month, Solar EnerTech announced the formal appointment of Company COO, Mr. Shi Jian Yin to the board of directors. Mr. Yin is a respected veteran of industrial start-up companies in the development of solar energy, aerospace technology and agri-bio manufacturing applications throughout China. He holds multiple patent rights and has received several Science and Technology Awards by the Chinese government for his research accomplishments.
About Solar EnerTech Corp. (OTC BB:SOEN.OB - News) Solar EnerTech is a photovoltaic (PV) solar energy cell manufacturing enterprise based in Shanghai, China where the Company is establishing a sophisticated 42,000 square foot manufacturing and research facility in Shanghai's Jinqiao Modern Science and Technology Park. Solar EnerTech plans to invest in PV cell research to develop higher efficiency cells and put the results of that research to use immediately in its manufacturing processes. Led by one of the industry's top scientists, the Company's R&D program will work to bring Solar EnerTech to the forefront of advanced solar technology research and production. The Company has also established a marketing, purchasing and distribution arm in Northern California's Silicon Valley.
Solar EnerTech Corp.
Leo Shi Young, President
Contact: Investor Relations Contact: Boundary Point Investor Relations Inc.
1-866-378-7372 http://www.solarenertech.com
Source: Solar EnerTech Corp.
For in-depth analyst report please visit : www.growthstockanalyst.com
LifeStyle Innovations, Inc Ticker Symbol LFSIE: Current Price (0.005) www.growthstockanalyst.com LifeStyle Innovations, Inc. does not have significant operations. Previously, the company, through its subsidiaries, provided installation and equipment for structured wiring, audio, video, home theater, security, computer networking, central vacuum, and accent lighting. Its customers included builders, homeowners, and commercial customers. LifeStyle Innovations was founded in 1950 and is based in Colleyville, Texas.
Memory Pharmaceuticals Corp Ticker Symbol MEMY: Current Price (1.20) www.growthstockanalyst.com
Memory Pharmaceuticals Corp., a biopharmaceutical company, engages in the discovery and development of drug candidates for the treatment of central nervous system disorders in the United States. It offers drugs for neurological diseases associated with aging, such as Alzheimer's disease, as well as certain psychiatric disorders, such as schizophrenia, bipolar disorder, and depression. The company's products for the treatment of Alzheimer's disease include MEM 1414, a Phase 1 clinical stage product; MEM 1917, a preclinical completed product; and MEM 63908, a preclinical stage product. Memory Pharmaceuticals also offers MEM 3454, a Phase IIa ready product, for the treatment of schizophrenia and/or Alzheimer's disease; and MEM 1003, a Phase IIa clinical stage product, for the treatment of Alzheimer's disease and bipolar disorder. It has collaborations with F. Hoffmann-La Roche, Ltd. and Hoffmann-La Roche, Inc. for the development of its PDE4 inhibitors and nicotinic alpha-7 partial agonists; and Amgen, Inc. for the development of PDE10 inhibitors. In addition, the company has an agreement with The Stanley Medical Research Institute to develop MEM 1003 as a treatment for bipolar disorder. Memory Pharmaceuticals was co-founded by Jonathan J. Fleming and Walter Gilbert. The company was incorporated in 1997 and is based in Montvale, New Jersey.
Xechem International, Inc Ticker Symbol XKEM: Current Price (0.026) www.growthstockanalyst.com
Xechem International, Inc., a biopharmaceutical company, engages in the research, development, and production of generic and proprietary drugs from natural sources. Its principal product under development is NICOSAN/HEMOXIN, which would be used for the treatment of sickle cell disease. The company also applies its proprietary extraction, isolation, and purification technology to the production and manufacture of Paclitaxel, which is an anti-cancer compound used for the treatment of ovarian, breast, small cell lung cancers, and AIDS-related kaposi sarcomas. In addition, Xechem International engages in the research and development of other compounds using traditional medicinal plants, microbial fermentation, or semisynthesis to produce anti-cancer, anti-fungal, anti-viral, anti-inflammatory, anti-aging, and memory-enhancing compounds. It operates in the United States, India, the People's Republic of China, and Nigeria. The company was founded by Ramesh C. Pandey in 1994. Xechem International is headquartered in New Brunswick, New Jersey.
Med Gen, Inc Ticker Symbol ACMG: Current Price (0.043) www.growthstockanalyst.com
Med Gen, Inc. offers healthcare products primarily in the United States. Its products include SNORenz, a liquid throat spray is used to prevent or quiet the noise of snoring. In addition, the company offers Good Nights Sleep, a night time sleep aid formulated as a throat spray; PAINenz, a natural penetrating pain relief roll-on medicine, which formulates to bring temporary relief from minor arthritis, bursitis, muscle aches, backaches, sports related injuries, and sprains muscle strains; and UNDIET, a weight loss program. Med Gen markets its products through a network of distributors and retail stores. The company was founded in 1996 and is headquartered in Boca Raton, Florida.
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Document MTPW000020060627e26r002s1
Nigeria's Fire
Robinson, Simon

2,166 words

26 June 2006

Time

TIMAG

A1

Volume 167; Issue 26; ISSN: 0040781X

English

© 2006 Time Incorporated. Provided by ProQuest Information and Learning. All Rights Reserved.
Big Oil relied on Nigeria as a steady source of crude in a VOLATILE WORLD. As violence disrupts that balance, the poor demand a new deal.
Teeming with bird and marine life, giant ferns and towering mangrove plants whose roots straddle land and water like the legs of lumbering animals, the creeks and swamps of the Niger Delta lie over the 10th biggest oil reserve on the planet: 34 billion bbl. of black gold, more than the reserves in Canada and Mexico combined. The region, a watery maze flung across 50,000 sq km in southern Nigeria, is also home to some of Africa's poorest people--and some of its worst environmental destruction. There are villages without power, water, health clinics or schools; pipelines that scar the earth; oil slicks that shimmer on rivers; flares that blaze bright and loud, burning off the gas that gushes to the surface along with the sweet crude. So poor are most who live in Nigeria that some are prepared to risk their lives for a bucketful of fuel. More than 150 people died last month when a vandalized oil pipeline on the outskirts of Nigeria's biggest city, Lagos, west of the delta, exploded in a massive fireball.
Such occurrences are not the greatest danger to Nigeria's oil industry. In the delta, bandits have prowled the brackish swamps for years, stealing oil, harassing oil workers and making millions of dollars. But over the past few months an even deadlier threat has emerged. Frustrated that they remain impoverished after decades of oil production, locals have begun attacking such oil companies as Royal Dutch Shell and ExxonMobil, their workers and the Nigerian soldiers who protect them--not, as in the past, for money but as part of an armed campaign. Unless there is change, they say, there will be war. The government and oil companies "don't listen to words," delta militia member Richard, 27, told TIME in April, the dull roar of a gas flare in the background. "So perhaps they will understand the language of the gun."
The nascent rebellion has made Nigeria's oil fields among the most dangerous in the world--and in April helped push global oil prices past $72 per bbl. Nigeria was meant to be part of the solution to the insatiable demand from the U.S. and fast-growing China and India for oil. When the country returned to civilian rule under President Olusegun Obasanjo in 1999, it was pumping around 1.8 million bbl. a day. Daily capacity before the recent attacks had expanded to 2.5 million bbl., about as much as Kuwait's; Nigeria is now the sixth biggest oil exporter in the world.
But Nigeria's role as a stable producer has taken a hammering. Militant attacks have cut production 20%, hitting companies like Shell and costing the oil majors and Nigeria hundreds of millions of dollars. "There used to be clashes and other problems, but in the past five or six months things have got much more serious," says Manouchehr Takin, senior analyst at the Center for Global Energy Studies, a London-based consultancy. Although it's impossible to work out exactly how much that contributes to rising oil prices, vs. the saber rattling from Iran and Venezuela or the increased demand, Takin says production losses in the delta are "a major factor" in the high price of gas.
The militants' campaign began Jan. 11 when three speedboats packed with gun-toting men attacked a Nigerian navy boat and a vessel leased by Shell. No one was killed. But the attackers, who said they were part of a new group called the Movement for the Emancipation of the Niger Delta (MEND), kidnapped four foreign contractors. Since then the group, which numbers just a few hundred, according to a local human-rights campaigner and militant members, has kidnapped at least 13 more foreign oil workers and killed some 20 Nigerian soldiers. Militants have also exploded two car bombs as "warnings" of coming chaos. When I set off with three guides in a cigar-shaped fiber-glass boat into the swamps in April, a Nigerian naval officer in the port of Warri warned me off. "Even we don't go there," he said, motioning along the Warri River. Then he slowly drew a finger across his throat.
Downriver, it's easy to see the cause of this deadly hostility. Since the 1950s, when oil was first found in recoverable quantities, the delta and the waters off Nigeria's coast in the Gulf of Guinea have made the country and such oil majors as Chevron, Agip, ExxonMobil and Shell hundreds of billions of dollars. Nigeria earns more than $3 billion a month from oil--which accounts for some 95% of its export earnings and 40% of its GDP. But the vast majority of the people of the delta still live in severe and visible poverty.
One of the first activists to speak out against this imbalance was businessman, writer and activist Ken Saro-Wiwa, from the Ogoni region, east of Nigeria's oil capital, Port Harcourt. Saro-Wiwa preached nonviolence, but Nigeria's then military government charged him with having "counseled and procured" the murder of four Ogoni elders and in 1995 hanged him, to international condemnation. Despite the return to democracy and official promises to improve the lives of delta dwellers, little has changed. Today in Oporoza--the traditional center of the Gbaramatu kingdom, where, locals say, MEND has its bases--villagers gather in a meeting hall and list their grievances. "Poverty is the major problem we are facing," says Odiki Miebi, a local chief.
Violence in the delta is nothing new. Tribal conflict has plagued the region for years. Well-armed and -organized gangs have been present almost as long as the oil companies have, making tens of millions of dollars in "bunkering" operations in which oil is illegally siphoned off (causing, oil companies say, most of the local environmental damage). The gangsters have also extorted money by kidnapping oil workers and supplying "security" services in exchange for not attacking installations. In some ways, the situation has worsened since Nigeria's return to civilian rule. According to local lawyers and human-rights groups such as Human Rights Watch and the Stakeholder Democracy Network, ruling-party politicians have armed local youths--many of them gang members--to secure votes. Weapons flooded the region before the 2003 balloting, which in many parts of the delta was less an election than an arms race.
Even though politics and criminal gangs aren't strangers to the delta, the latest attacks appear to have been driven more by frustration and an ideology of armed resistance than by thoughts of ill-gotten gain. While "it is very difficult to draw a line between the criminals and the so-called liberators," says Anyakwee Nsirimovu, a human-rights lawyer in Port Harcourt, "you do now have groups that articulate certain policies and ideas and principles."
Those principles--the oil belongs to us; give us development and compensation or get out--have been hardened by the Nigerian government's handling of the crisis. Mujahid Dokubo-Asari, one of the youth leaders armed by politicians, became a self-styled liberation leader, calling for Nigeria's breakup. He was arrested and charged with treason. Dokubo-Asari was little known when he began, say activists in Port Harcourt. By jailing him, the government has made him the martyr he says he is. MEND has demanded his release.
The new ideological coloring of the attacks has been accompanied by increasingly sophisticated tactics. A car bomb in late April at an oil-truck stop in Warri was activated by a cell phone just days after China's President Hu Jintao signed deals to increase Chinese exploration and production in Nigeria. The bomb was "the final warning" before fresh attacks on oil workers, storage facilities, bridges, offices and other "soft, oil-industry targets," a MEND official wrote in an e-mail to news organizations. But it was also, the e-mail said, a message to "the Chinese government and its oil companies to steer well clear of the Niger Delta. The Chinese government, by investing in stolen crude, places its citizens in our line of fire."
Western companies have grown used to working with the threat of attack. But the dangers are increasing. U.S. oil executive Ricky Wiginton, 51, was shot dead in Port Harcourt by assailants riding a motorbike as he drove to work at drilling-equipment maker Baker Hughes in May. Just this month, MEND took five South Korean contractors hostage but released them a day later. Shell has been forced to evacuate staff and scale back operations. TIME asked several oil companies to comment for this story, but all declined interviews.
Nigeria's federal government has been making empty promises to help the delta for decades. The latest, the Niger Delta Development Commission (NDDC), was set up in 2000 to coordinate development activities in the region. Funded by the oil companies, which are required to give 3% of their local budgets to the NDDC, and by the federal government, the commission has about $235 million to spend every year. "That is peanuts compared to the problems of the area," says the NDDC's head of corporate affairs, Anietie Usen. Projects are often delayed, he says, because the federal government is slow to cough up its share. Grandiose announcements, such as Obasanjo's April unveiling of plans to construct a $1.8 billion highway through the region and create 20,000 new jobs in the military, police and state oil companies, do little to appease feelings of neglect. "We have not received money from the federal government since last September. It makes things very difficult," Usen told TIME.
Corruption doesn't help. A Nigerian government audit of the oil industry in April showed discrepancies of hundreds of millions of dollars between what oil companies say they paid the government and what authorities say they received. The federal government says it is tightening its oversight. But there's still the problem of what state governments do with the money they receive from Abuja. Thanks to high oil prices, Rivers, one of the biggest oil-producing states, has seen its revenues increase. But many schools still don't have furniture, and roads are crumbling.
It would help matters if there were an effective opposition to enforce accountability. In Rivers, though, Obasanjo's ruling People's Democratic Party fills every seat at the state and local levels. Many frustrated citizens see next year's elections as a chance to get rid of the party. But the election could prove bloody. Human-rights lawyer Nsirimovu says opposition groups have realized "that AK-47s are a necessary ingredient in elections in the Niger Delta" and will try to arm their supporters in an attempt to counter ruling-party intimidation. "Then things will get really ugly." Even if the war that Dokubo-Asari and others have threatened never comes to pass, the violence could get bad enough to force oil companies to close down more of their land-based installations and concentrate production offshore.
Ledum Mitee, a human-rights campaigner in Port Harcourt, describes the delta's problems as "a crisis of frustration," though one he would prefer to see end peacefully. Mitee heads the Movement for the Survival of the Ogoni People, the group founded by Saro-Wiwa. In January, he was asked to negotiate the release of the first hostages taken by MEND. When Mitee arrived at the camp where the hostages were being held, he was shocked. "Getting there and seeing 200 to 300 young men in uniforms, machines guns, rocket launchers and ammunition"--Mitee moves his hands in front of him, making the shape of a heaping mound of ordnance--"I said, 'God, so we have come to this.'"
[PULLQUOTE]
"There used to be clashes, but in the past five or six months things have got much more serious."  --Manouchehr Takin, energy analyst
"It is very difficult to draw a line between the criminals and the so-called liberators."  --Anyakwee Nsirimovu, human-rights lawyer
Copyright (c) Time inc.,2006. All rights reserved. No part of this material may be duplicated or redisseminated without permission. | Simon Robinson/ Oporoza |   
[TIM A. HETHERINGTON--PANOS (2)]; A member of a militant group that says it attacks foreign oil workers to secure a share of oil wealth for the Niger Delta's poor; TWO PHOTOS |    | [ NIGERIA | *Abuja]; MAP |    | [ED KASHI]; A liquefied natural gas plant forced the relocation of the Finima community on Bonny Island and still looms over it; PHOTO |    | [TIM A. HETHERINGTON--PANOS]; Spilled oil splashes the shores of the Niger Delta, coating local flora and fauna, and the feet of this villager in Pepe-ama; PHOTO |    | [TIM A. HETHERINGTON--PANOS]; A gas flare illuminates the nightly patrol at the Agip oil-and-gas installation in Ebocha, Nigeria; PHOTO |   
Document TIMAG00020060815e26q0006a

www.smallcapstockalert.com , Stocks To Watch: SOEN, CRSX, SBRX, XKEM, BCON
1,976 words

26 June 2006

M2 Presswire

MTPW

English

(c) 2006 M2 Communications, Ltd. All Rights Reserved.
Stocks To Watch: Solar EnerTech Corp. (OTCBB: SOEN), CRSI Group, Inc. (PinkSheets: CRSX), Stonebridge Resources Exploration Ltd (PinkSheets: SBRX), Xechem International, Inc (OTCBB: XKEM), Beacon Power Corporation (Nasdaq: BCON)
FEATURED STOCK: Solar EnerTech Corp.
Ticker Symbol SOEN: Current Price (1.61) http://www.solarenertech.com
Solar EnerTech Corp. Provides Corporate Update on Planned Manufacturing Capabilities, Favorable Analyst Coverage, Silicon Procurement, Leadership Role at Renewable Energy Summit and Recent Appointment to the Board
MENLO PARK, CA - Solar EnerTech Corp. (OTC BB:SOEN.OB - News) (the Company) today provides a corporate update to review its progress establishing manufacturing capabilities, executing a LOI to secure potential silicon supplies, earning favorable analyst coverage, and taking a lead role in the China Renewable Energy Summit and recent appointments. Solar EnerTech is focused on the development and manufacture of quality solar cells, applications and advanced technologies, taking advantage of rapidly increasing demand in the solar power market, which grew 55% last year to $11.2 billion.
Solar EnerTech is making excellent progress toward the rapid start-up of its manufacturing operations. Construction of the Company's new state-of-the-art solar cell manufacturing plant in Shanghai is running ahead of schedule and within budget. The project management team has overseen the installation of the majority of the infrastructural equipment for its first production line and construction of the second line is proceeding on track.
The projected production capacity for Solar EnerTech's facility is estimated at an output of 20 megawatts per production line. At current prices this projection translates into roughly $37.5 million dollars in annual revenue per line. The Company's strategic plan is to have the initial 20 megawatts in production by fourth quarter of this year.
Last week it was announced that independent fee-based research provider Wellington Research has initiated coverage on the company with a price target of $5.17 and a rating of "Outperform." The report asserts: "Solar EnerTech Corp. plans to establish a strong presence in the emerging solar energy market. With its manufacturing facility in China, the Company has been able to capitalize on the availability of low-cost resources. Further, the Company's management team has significant experience in the solar market. By successfully executing its business plans and entering into strategic partnerships along the value-chain, Solar EnerTech may be able to become one of the leading operators in the industry. The Californian market (which the Company is heavily targeting) has a huge potential and is expected to provide the right platform for the Company's growth." Solar EnerTech has executed of a Letter of Intent with PAIS Industries Group whereby PAIS Industries would supply the Company with 1,200 metric tons of solar grade silicon ingots for the next three years. This cooperative arrangement is designed to supply Solar EnerTech with silicon feedstock needed to manufacture its leading edge solar cells and ensure access to affordable materials in spite of industry-wide silicon shortages. It is contingent upon completion of an agreement between PAIS Industries and the government of the Inner Mongolia Autonomous Region for the development and processing of locally mined solar grade silicon.
This week Solar EnerTech attended and co-sponsored the China Renewable Energy Summit at the National Congress Conference Center in Beijing. Company CEO and President Leo. S. Young delivered a keynote speech to the audience of industry insiders, legislators and policy makers. Company management was able to conduct talks and forge ties with a variety of key governmental officials.
In related Management news this month, Solar EnerTech announced the formal appointment of Company COO, Mr. Shi Jian Yin to the board of directors. Mr. Yin is a respected veteran of industrial start-up companies in the development of solar energy, aerospace technology and agri-bio manufacturing applications throughout China. He holds multiple patent rights and has received several Science and Technology Awards by the Chinese government for his research accomplishments.
About Solar EnerTech Corp. (OTC BB:SOEN.OB - News)
Solar EnerTech is a photovoltaic (PV) solar energy cell manufacturing enterprise based in Shanghai, China where the Company is establishing a sophisticated 42,000 square foot manufacturing and research facility in Shanghai's Jinqiao Modern Science and Technology Park. Solar EnerTech plans to invest in PV cell research to develop higher efficiency cells and put the results of that research to use immediately in its manufacturing processes. Led by one of the industry's top scientists, the Company's R&D program will work to bring Solar EnerTech to the forefront of advanced solar technology research and production. The Company has also established a marketing, purchasing and distribution arm in Northern California's Silicon Valley.
June 5, 2006--SmallCapVoice.com, Inc. today announced that a new audio
interview is available at SmallCapVoice.com. The featured guest is Leo S. Young, President of Solar EnerTech Corp. (OTC BB:SOEN.OB). Mr. Young stopped by to discuss all of the Company's recent news as well as providing a strong outlook for the Company in 2006. The interview can be heard here at http://www.smallcapvoice.com/soen/soen-6-2-06.html .
Solar EnerTech Corp.
Leo Shi Young, President
Contact: Investor Relations Contact: Boundary Point Investor Relations Inc.
1-866-378-7372 http://www.solarenertech.com
Source: Solar EnerTech Corp.
For in-depth analyst report please visit : www.smallcapstockalert.com
Ticker Symbol CRSX: Current Price (1.50) www.smallcapstockalert.com
CRSI Group, Inc., through its subsidiaries, engages in recruiting, training, and placing medical personnel, primarily nurses. It recruits nurses in countries where the number of trained nurses exceeds the demand for nurses, and finds employment for the nurses in countries where the demand for skilled nurses exceeds the number available. The company also provides resources and support to nurses worldwide, with a primary focus on nurses recruited by it. The company was formerly known as Abcor Products, Inc. and changed its name to CRSI Group, Inc. in August 2005. CRSI Group is based in New York city.
Ticker Symbol SBRX: Current Price (1.01) www.smallcapstockalert.com
Stonebridge Resources Exploration Ltd. is primarily engaged in the acquisition and development of oil and gas assets in continental North America. Stonebridge intends to continue to acquire in the oil and gas field and hopes to rework the new assets with technology to increase production and expand reserves.
Ticker Symbol XKEM: Current Price (0.0195) www.smallcapstockalert.com
Xechem International, Inc., a biopharmaceutical company, engages in the research, development, and production of generic and proprietary drugs from natural sources. Its principal product under development is NICOSAN/HEMOXIN, which would be used for the treatment of sickle cell disease. The company also applies its proprietary extraction, isolation, and purification technology to the production and manufacture of Paclitaxel, which is an anti-cancer compound used for the treatment of ovarian, breast, small cell lung cancers, and AIDS-related kaposi sarcomas. In addition, Xechem International engages in the research and development of other compounds using traditional medicinal plants, microbial fermentation, or semisynthesis to produce anti-cancer, anti-fungal, anti-viral, anti-inflammatory, anti-aging, and memory-enhancing compounds. It operates in the United States, India, the People's Republic of China, and Nigeria. The company was founded by Ramesh C. Pandey in 1994. Xechem International is headquartered in New Brunswick, New Jersey.
Ticker Symbol BCON: Current Price (1.57) www.smallcapstockalert.com
Beacon Power Corporation, a development stage company, together with its subsidiaries, engages in the design, development, configuration, and sale of products and services to support electricity grid operation. The company's sustainable energy storage and power conversion solutions provide electric power for the utility, renewable energy, and distributed generation markets in the United States. Its products include Smart Energy matrix and Smart Power M5 inverter system. The company's Smart Energy matrix is a modular and flywheel-based energy storage system designed for use in grid frequency regulation and other distributed generation applications. The Smart Power M5 inverter system for the photovoltaic energy market converts direct current generated by solar cells from sunlight into alternating current required by residential and commercial users for operating electrical devices. The company also offers Smart Energy 25 system for energy storage solution and Smart Energy 6 system for remote terminal power backup for the telecommunications industry and various applications for cable television, wireless, and broadband companies. Beacon Power was founded in 1997 and is headquartered in Wilmington, Massachusetts.
Verify all claims and do your own due diligence. Iron Consulting profiles are not a solicitation or recommendation to buy, sell or hold securities. Iron Consulting is not offering securities for sale. An offer to buy or sell can be made only with accompanying disclosure documents and only in the states and provinces for which they are approved. All statements and expressions are the sole opinion of the editor and are subject to change without notice. Iron Consulting is not liable for any investment decisions by its readers or subscribers. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. The information contained herein has been provided as an information service only. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. It should be understood there is no guarantee that past performance will be indicative of future results. Investors are cautioned that they may lose all or a portion of their investment in this or any other company. In order to be in full compliance with the Securities Act of 1933, Section 17(b), smallcapstockalert.com is owned and operated by Iron Consulting. Iron Consulting has received eighteen thousand dollars from Equity Alliance Intl. for its internet marketing services, from Equity Alliance Int. LLC for its marketing and consulting services. Neither Iron Consulting nor any of its affiliates, or employees shall be liable to you or anyone else for any loss or damages from use of this e-mail, caused in whole or part by its negligence or contingencies beyond its control in procuring, compiling, interpreting, reporting, or delivering this Web Site or e-mail and any contents. Since Iron Consulting receives compensation and its employees or members of their families may hold stock in the profiled companies, there is an inherent conflict of interest in Iron Consulting statements and opinions and such statements and opinions cannot be considered independent. Iron Consulting and its management may benefit from any increase in the share prices of the profiled companies. Information contained herein contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical facts and may be "forward looking statements". Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Iron Consulting services are often paid for using free-trading shares. Iron Consulting may be selling shares of stock at the same time the profile is being disseminated to potential investors; this should be viewed as a definite conflict of interest and as such, the reader should take this into consideration.
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data prepared by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to [e-mail].
Document MTPW000020060626e26q0050m

www.focusstockreport.com , eNotes Systems, Inc. is a software, business intelligence, and technology company,
1,642 words

26 June 2006

M2 Presswire

MTPW

English

(c) 2006 M2 Communications, Ltd. All Rights Reserved.
Stocks To Watch: ENOTES SYSTEMS INC. (OTCBB: ENSY), Pfizer, Inc (NYSE: PFE), Nokia Corporation (NYSE: NOK) , GTX Global Corp (PinkSheets: GTXC), Xechem International, Inc. (OTCBB: XKEM)
Featured Stock: ENOTES SYSTEMS INC Ticker Symbol: ENSY Current Price (0.63)
eNotes Systems Announces Appointment of New CEO Tuesday June 20, 9:35 am ET MANCHESTER, Conn. - eNotes Systems, Inc. (OTC Bulletin Board: ENSY - News) is pleased to announce today that a new CEO has been appointed to the company. Mr. Jeff Flammang accepted the position and will lead the eNotes team to deliver medical management solutions to healthcare providers.
As a seasoned management executive with 19 years of experience working with an extensive range of corporations, Mr. Flammang has helped advance the visions and missions of corporations through his comprehensive understanding of a broad range of industries, enabling him to provide both continuity and leadership to a diverse group of companies. Included in his experience within the healthcare industry, Mr. Flammang has built a health insurance company, in addition to his role as a founding member of a publicly traded assisted living company.
Mr. Flammang stated, "I am both honored and excited to lead the eNotes Systems organization and look forward to helping this company become a leading provider of information technology solutions. I firmly believe there has been no better time to be involved with enabling healthcare providers the ability to efficiently collect and manage information." ABOUT eNOTES SYSTEMS eNotes Systems, Inc. (eNotes) is a software, business intelligence, and technology company, delivering integrated medical management solutions to healthcare providers. Our products and services, the 'eNotes Solution', assist healthcare professionals in delivering and managing the clinical, operational, and financial aspects of their business, thereby increasing revenue, reducing cost, standardizing processes and improving the quality of patient outcomes.
Pfizer, Inc Ticker Symbol PFE: Current Price (23.05) www.focusstockreport.com
Pfizer, Inc. engages in the discovery, development, manufacture, and marketing of prescription medicines for humans and animals, as well as consumer healthcare products worldwide. The company operates through three segments: Human Health, Consumer Healthcare, and Animal Health. The Human Health segment offers treatments for cardiovascular and metabolic diseases, central nervous system disorders, arthritis and pain, infectious and respiratory diseases, urogenital conditions, cancer, eye disease, endocrine disorders, and allergies. The Consumer Healthcare segment markets various over-the-counter medications for oral care, upper respiratory health, tobacco dependence, gastrointestinal health, skin care, eye care, and hair growth. Its principal products include Listerine mouthwash, Listerine PocketPaks oral care strips, Nicorette for tobacco dependence, Benadryl antihistamine for allergies, Sudafed for sinus congestion, Rogaine for hair growth, Zantac for prevention and relief of heartburn, Rolaids antacid tablets, Neosporin antibiotic ointment, Visine eye drops, Lubriderm moisturizing lotions, and Purell instant hand sanitizer. The Animal Health segment develops products for the prevention and treatment of diseases in livestock and companion animals. Its products include parasiticides, anti-inflammatories, vaccines, antibiotics, and related medicines. Further, Pfizer manufactures empty soft-gelatin capsules and bulk pharmaceutical chemicals, as well as engages in contract manufacturing. It has collaboration with Nektar Therapeutics; Immunicon Corp.; Noxxon Pharma AG; and ActivX Biosciences, Inc. The company was founded in 1849 and is headquartered in New York City.
Nokia Corporation Ticker Symbol NOK: Current Price (19.34) www.focusstockreport.com
Nokia Corporation engages in the manufacture of mobile devices and mobile network equipment, as well as in the provision of related solutions and services worldwide. The company operates in four segments: Mobile Phones, Multimedia, Enterprise Solutions, and Networks. The Mobile Phones segment provides various mobile voice and data devices. This segment offers mobile phones and devices based on GSM/EDGE, 3G/WCDMA, and CDMA cellular technologies. The Multimedia segment offers mobile devices and applications with multimedia connectivity over GSM, 3G/WCDMA, WLAN, Bluetooth, and other standards. Multimedia services include Internet services, optics, music synchronization, and streaming video. The Enterprise Solutions segment offers various products and solutions, including enterprise-grade mobile devices, underlying security infrastructure, software, and services for businesses and institutions. The Networks segment provides network infrastructure, and communications and networks service platforms, as well as professional services to operators and service providers. It focuses on the GSM family of radio technologies, such as EDGE and 3G/WCDMA networks; networks with Internet Protocol and multi access capabilities; and services. As of December 31, 2005, this segment had approximately 150 mobile network customers in 60 countries, serving 400 million subscribers with its systems. The company sells its products to operators, distributors, independent retailers, and corporate customers. It has a joint venture with China Putian to focus on research and development, as well as to manufacture and sell 3G network solutions for TD-SCDMA and WCDMA technologies. Nokia has as strategic relationship with ATI Technologies, Inc. to drive the complexity out of multimedia development by promoting open standards and providing integrated hardware, software, and tools. The company was founded in 1865 and is based in Espoo, Finland.
GTX Global Corp Ticker Symbol GTXC: Current Price (3.15) www.focusstockreport.com
As of January 26, 2006, GTX Global Corp. was acquired by Yadio, Inc. in a reverse merger transaction. GTX Global Corp. develops IP multimedia technologies that enable the delivery of video, voice, data, and multimedia capabilities. The company offers fully supported IP multimedia applications that are customizable in feature and form. GTX Global Corp. was formerly known as Gatelinx Global Corp and Autoleasecheck Com, Inc. GTX Global Corp. is based in Henderson, Nevada.
Xechem International, Inc Ticker Symbol XKEM: Current Price (0.0299) www.focusstockreport.com
Xechem International, Inc., a biopharmaceutical company, engages in the research, development, and production of generic and proprietary drugs from natural sources. Its principal product under development is NICOSAN/HEMOXIN, which would be used for the treatment of sickle cell disease. The company also applies its proprietary extraction, isolation, and purification technology to the production and manufacture of Paclitaxel, which is an anti-cancer compound used for the treatment of ovarian, breast, small cell lung cancers, and AIDS-related kaposi sarcomas. In addition, Xechem International engages in the research and development of other compounds using traditional medicinal plants, microbial fermentation, or semisynthesis to produce anti-cancer, anti-fungal, anti-viral, anti-inflammatory, anti-aging, and memory-enhancing compounds. It operates in the United States, India, the People's Republic of China, and Nigeria. The company was founded by Ramesh C. Pandey in 1994. Xechem International is headquartered in New Brunswick, New Jersey.
Verify all claims and do your own due diligence. Iron Consulting profiles are not a solicitation or recommendation to buy, sell or hold securities. Iron Consulting is not offering securities for sale. An offer to buy or sell can be made only with accompanying disclosure documents and only in the states and provinces for which they are approved. All statements and expressions are the sole opinion of the editor and are subject to change without notice. Iron Consulting is not liable for any investment decisions by its readers or subscribers. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. The information contained herein has been provided as an information service only. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. It should be understood there is no guarantee that past performance will be indicative of future results. Investors are cautioned that they may lose all or a portion of their investment in this or any other company. In order to be in full compliance with the Securities Act of 1933, Section 17(b), focusstockreport.com is owned and operated by Iron Consulting. Iron Consulting has received eighteen thousand dollars from Equity Alliance Intl. for its internet marketing services, from Equity Alliance Int. LLC for its marketing and consulting services. Neither Iron Consulting nor any of its affiliates, or employees shall be liable to you or anyone else for any loss or damages from use of this e-mail, caused in whole or part by its negligence or contingencies beyond its control in procuring, compiling, interpreting, reporting, or delivering this Web Site or e-mail and any contents. Since Iron Consulting receives compensation and its employees or members of their families may hold stock in the profiled companies, there is an inherent conflict of interest in Iron Consulting statements and opinions and such statements and opinions cannot be considered independent. Iron Consulting and its management may benefit from any increase in the share prices of the profiled companies. Information contained herein contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical facts and may be "forward looking statements". Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Iron Consulting services are often paid for using free-trading shares. Iron Consulting may be selling shares of stock at the same time the profile is being disseminated to potential investors; this should be viewed as a definite conflict of interest and as such, the reader should take this into consideration.
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data prepared by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to [e-mail].
Document MTPW000020060626e26q004jy

BRIEFING - ASIA ENERGY - JUNE 26, 2006
1,054 words

26 June 2006

Asia Pulse

APULSE

English

(c) 2006 Asia Pulse Pty Limited
An executive briefing on energy for June 26, 2006, prepared by Asia Pulse ( http://www.asiapulse.com ), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
MALAYSIA'S SAPURACREST PETROLEUM BOOKS SHARP FALL IN Q1 PROFIT
KUALA LUMPUR - Sapuracrest Petroleum Berhad (KLSE:8575) has reported a 45.4 per cent drop in first quarter group pre-tax profit due to higher costs incurred by its installation of pipelines and facilities (IPF) division.
During the three months ended 30 April 2006, it booked pre-tax profit of RM16.318 million (US$4.4 million) compared with RM29.700 million achieved a year earlier, it said in a filing to Bursa Malaysia on June 22.
S. KOREA, OMAN AGREE TO BUILD JOINT LNG HOLDING FACILITY
SEOUL - South Korea and Oman signed a memorandum of understanding (MOU) on Monday in Seoul to build a joint holding facility for liquefied natural gas (LNG) to counter sudden fluctuations in supply and demand.
The MOU, founded on a South Korea-Oman energy resources cooperation agreement reached in November 2005, calls for the two countries to build and operate the gas tanks near the production site. It can also allow South Korea to prepare for rises in demand with the onset of cold weather.
SHENHUA JOINS HANDS WITH SASOL TO BOOST COAL-TO-LIQUIDS IN CHINA
BEIJING - China's top coal producer Shenhua Group has joined hands with Sasol to set up two coal-to-liquids (CTL) plants in Northwest China, Shanghai Securities News reported Saturday.
Sasol, based in South Africa, is the world leader in producing fuel from coal. The multinational has produced more than 1.5 billion barrels of oil equivalent fuel in South Africa.
ENERGY PRODUCING SECTORS LEAD CHINA'S INDUSTRY IN PERFORMANCE
BEIJING - China's energy producing sectors like oil and gas exploitation and power generation enjoyed the best performance in 2005 among 100 major industrial sectors of the nation.
The National Bureau of Statistics (NBS) released figures on the 2005 performance of the top ten firms of 100 major industrial sectors here on Friday.
RUSSIAN FIRM WORKING ON WATER SYSTEM FOR IRANIAN NUCLEAR PLANT
MOSCOW - The Russian Atom Stroi Export Company, revealed on Saturday that Russian experts are working on the Bushehr Nuclear Power Plant's water treatment system.
The report released by Atom Stroi Export Co. on Saturday said that the system is one of the major components of a nuclear power plant, adding that according to the relevant timetable, its installation is set to be completed by August 31.
BANGLADESH TO SEEK HIGHER COAL ROYALTIES
DHAKA - Advisor to the Energy Ministry Mahmudur Rahman on Saturday said the government would not sign any deal on coal mining until the new coal policy is approved.
Speaking at a roundtable on "Renewable Energy Technologies", he said the new coal policy would ensure a higher royalty for the country.
AUSTRALIAN FORECASTER SEES SURGE IN MINERAL, ENERGY PROJECTS
CANBERRA - A surge in mineral and energy projects will underpin the sector for years to come, the nation's chief commodities forecaster said today.
In a review of development projects in the sector, the Australian Bureau of Agricultural and Resource Economics (ABARE) said 27 major mineral and energy projects had been finished in the six months to April this year worth $A8.9 billion ($US6.5 billion).
IRAN PLEDGES TO HELP AFGHANISTAN'S POWER SECTOR
KABUL - Iran will provide two power stations worth US$80 million to Afghanistan to fulfill its electricity needs.
In this connection, an accord was signed here on Sunday between Energy and Water Minister Ismail Khan and his visiting Iranian counterpart Perviz Fattah.
PAK MOOTS BILATERAL TRACK FOR PIPELINE PROJECT
ISLAMABAD - An energy hungry Pakistan has suggested to Iran that they could switch over to bilateral track to settle the gas pipeline project, if trilateral talks involving India were heading nowhere.
Pakistan President Pervez Musharraf also asked countries opposed to the India-Pakistan-Iran pipeline to financially assist Pakistan to bridge its energy gap if they want Islamabad to back off from the deal.
INDIA'S POWERGRID READY FOR NEW ASSIGNMENTS ACROSS ASIA
PATNA - The Powergrid Corporation of India Ltd, which was doing commendable work in Afghanistan, Nepal and Bhutan, was ready to take up new assignments in China, Bangladesh, Nigeria, Indonesia, Cambodia and Kenya, its chairman-cum-managing director K P Singh on Friday said.
"Our men are doing commendable work in the power sector in Afghanistan and they have been provided full security. Newer assignments in China, Bangladesh, Nigeria, Indonesia, Cambodia and Kenya are expected," Singh, who was here in connection with the foundation laying ceremony of underground cable networking project in Patna, told reporters.
ONGC'S FOUNDATION LAYING CEREMONY POSTPONED IN INDIA
BANGALORE - The foundation laying ceremony of India's Oil and Natural Gas Corp's petrochemical complex in Bangalore was postponed due to heavy rains.
Prime Minister Manmohan Singh, who was to lay the foundation stone for ONGC's Rs 49 billion (US$1 billion) aromatic complex, could not land at the airport here due to bad weather.
BP TO INVEST US$20 MLN IN OFFSHORE EXPLORATION IN PAKISTAN
KARACHI - British Petroleum president Steve Peacock, who is currently visiting Pakistn, has said that BP will invest US$20 million in offshore exploration in the country.
Mr Peacock on Thursday called on Federal Minister Amanullah Jadoon and briefed him about his company's investment plans in the country. He informed the minister that his company would undertake offshore exploration jointly with OGDCL in the coming months.
CRUDE OIL PRICE MAY FLUCTUATE SHARPLY IN H2: CHINA CENTER
BEIJING - As uncertainties concerning oil production and demand increase, oil prices may fluctuate sharply in the latter half of this year, the latest report of the Price Monitoring Center of the National Development and Reform Commission (NDRC) predicts.
According to the report statistics, the average retail price of Octane 93 petrol and Octane 0 diesel oil was 6,219 yuan/ton and 5,116 yuan/ton in May, up 3.63 per cent and 3.71 per cent month on month and 20.43 per cent and 20.55 per cent year on year respectively.
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